Blazers sign GM Neil Olshey to multi-year contract extension

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The Portland Trail Blazers have signed general manager Neil Olshey to a multiyear contract extension, the team announced Thursday in a press release. They also announced that they have given him the title President of Basketball Operations.

“Our team has made great strides under Neil’s leadership, and I am excited to extend his contract,” said Allen. “Neil has done an outstanding job as General Manager by quickly rebuilding our team into a playoff contender. The franchise is clearly on the upswing, and I hope to see further improvements in the years to come.”

“This extension is a validation of the efforts of the entire Trail Blazers front office and an endorsement of the level of commitment expected of us by our owner Paul Allen,” said Olshey. “The level of passion for this franchise by our owner, season ticket holders and fans, drives us to build a team that this community can be proud of.”

Olshey took over as the Blazers’ GM prior to the 2012-13 season, and it’s hard to argue with the results he’s gotten since then. He nailed his first major draft decision, taking Damian Lillard with the No. 6 pick in the 2012 draft. Lillard has become one of the best point guards in the NBA, winning Rookie of the Year in 2013, making the All-Star team last year and on track to make it again this year.

In the summer of 2013, Olshey traded minor pieces to New Orleans for center Robin Lopez, solidifying the Blazers’ starting five as one of the best in the league. They made the playoffs in 2013-14 for the first time in three seasons and advanced to the second round for the first time since 2000.

This season, the Blazers are proving that last year’s success wasn’t a fluke. At 27-8, they currently have the second-best record in the Western Conference and are tied with the Atlanta Hawks for second-best record in the league, period. Olshey added Chris Kaman and Steve Blake this summer to bolster their depth, and the team has weathered injuries to Lopez and Nicolas Batum to stay near the top of the playoff picture.

This summer is going to be the next big test for Olshey. Three starters, including three-time All-Star LaMarcus Aldridge, will be unrestricted free agents. All signs point to the Blazers looking to re-sign Aldridge, Lopez and Wesley Matthews, but all three of them will be due major raises from their current salaries and will draw no shortage of interest from around the league.

The Blazers are in good position to re-sign them, though, because now they’ve established a track record of winning and a culture that players want to be a part of. That credit is due in large part to Olshey.